CROATIA: in the first 8 months the insurance market grew by 12% y-o-y

15 September 2021 — Marina MAGNAVAL
GWP of Croatia-based insurers increased by 12.09% y-o-y from January to August of 2021, reaching HRK 8.13 billion (EUR 1.09 billion*), the Croatian Insurance Bureau said on September 14, SeeNews reports.

The non-life segment expanded by 12.68% to HRK 6.15 billion, the Insurance Bureau, an association of Croatia-based insurers, said in its statement. At the same time, the life segment grew by 10.32% in the period, reaching HRK 1.98 billion.

At the end of August there were 15 insurers registered in the Adriatic country.

* at the following exchange rate:

1 EUR = 7.477 HRK

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